(Reuters) - Chrysler, the No. 3 U.S. based automaker, filed for Chapter 11 bankruptcy protection in New York Thursday to complete a debt restructuring and help it cement an alliance with Italy's Fiat SpA. Chrysler, about 80 percent controlled by Cerberus Capital Management, has been operating with $4 billion of emergency U.S. government loans since the beginning of 2009 under its second bailout. Under its first bailout in 1980, Chrysler received $1.5 billion of loan guarantees. Walter P. ...
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